Lakarcade, Sri Lanka’s premier luxury heritage retailer, announced the opening of its eighth showroom, on auguest 7 at Shangri-La Colombo, further strengthening its presence in the country’s luxury retail and hospitality sectors.
The new showroom marks Lakarcade’s third collaboration with the Shangri-La Group, complementing its successful locations at One Galle Face Mall and Shangri-La Hambantota. This continued partnership reflects a shared commitment to delivering world-class retail experiences while celebrating Sri Lanka’s rich artistic and cultural heritage.
At the heart of Lakarcade’s mission is creating sustainable market opportunities for rural Sri Lankan artisans by connecting their authentic craftsmanship with international visitors and discerning local customers.
By showcasing traditional handcrafted products within leading hospitality destinations, Lakarcade supports the tourism sector, strengthens artisan livelihoods, and contributes to Sri Lanka’s foreign exchange earnings.
“This expansion enables us to further elevate the global reach of Sri Lanka’s talented craftsmen, offering guests from around the world an authentic piece of our heritage while empowering artisan communities across the country,” said Anil Koswatte, Managing Director and CEO of Lakarcade.
“We sincerely appreciate Shangri-La’s continued partnership and shared vision of promoting Sri Lankan craftsmanship on a global stage.”
The opening ceremony was attend by Lakarcade Deputy Chairman Darup Peiris and Manjaree Peiris alongside Andreas Streiber, General Manager of Shangri-La Colombo.
Andreas Streiber welcomed Lakarcade to the hotel, describing the opening as a meaningful addition to the property’s guest experience.
“At Shangri-La, we are committed to offering both international and local guests authentic cultural experiences. Lakarcade’s presence provides visitors with direct access to Sri Lanka’s finest handcrafted heritage products while supporting rural artisans and the country’s tourism ecosystem.
“We congratulate Anil Koswatte, the Board of Directors, and the entire Lakarcade team on this significant milestone. We look forward to a successful partnership as we continue showcasing the very best of Sri Lankan craftsmanship to the world.”
